Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 237,043 shares changed hands during trading, an increase of 589% from the previous session’s volume of 34,391 shares.The stock last traded at $7.02 and had previously closed at $6.8310.
Analysts Set New Price Targets
UMICY has been the topic of several recent research reports. Kepler Capital Markets downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research note on Friday, June 19th. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. Berenberg Bank lowered Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Zacks Research upgraded Umicore to a “hold” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Umicore
Umicore Trading Up 1.6%
Umicore Company Profile
Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company specializes in the development and manufacture of advanced materials and catalysts that support clean mobility, energy storage and sustainable resource management. Its activities span the refining and recovery of precious metals, the production of emission control catalysts for the automotive industry, and the sourcing of materials for rechargeable batteries.
Umicore operates through three main business units: Catalysis, Energy & Surface Technologies, and Recycling.
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